Technical Analysis

Oil, Crude, trading

Gold prices jumped during the first trading of this week within the expected upward path during the previous analysis, heading to touch the first station 1819, approaching by a few points, at the second price station 1825, recording its highest level 1823. On the technical side today, and by looking …

The euro’s movements did not witness little change during the first trading of this week, trying to maintain its gains that extended towards the 1.1475 areas, to see the stability of the current movement above the psychological level of 1.1400. On the technical side, the 50-day moving average is still …

The German DAX index started its first weekly move on a slight bullish slope, benefiting from the pivotal support level of 15,100. It is now hovering around its highest level during the early trading of the current session 15,19. Technically, the 60-minute chart indicates the possibility of continuing the rise …

Oil, Crude, trading

Positive trading dominated the pound’s movements against its Japanese counterpart within the expected bullish path during the previous analysis, touching the required price station at 156.10, recording the highest of 156.50. Technically, and as seen on the 60-minute chart, there is a possibility to continue rising with the price stability …

The Canadian dollar achieved noticeable gains during last week’s trading, within the expected bullish path, after it succeeded in breaching the resistance level 1.2710, to reach the highest level at 1.2787. Technically, and carefully looking at the 240-minute chart, we note the current negativity features that started appearing on the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices succeeded in retesting the main demand area published in the last report, at 1797, which forced the price to rebound bullishly, approaching the required price station at 1820, posting its highest at 1810. The 14-day momentum indicator provides positive signals on the technical side, and the price stability …